Gatehouse completes sale of data centre for £28.1 million
LONDON, 16 December, 2015: Gatehouse Bank plc (“Gatehouse”), the London-based investment bank is pleased to announce the sale of a data centre located in the South East of England to clients of AXA Investment Managers - Real Assets. Gatehouse acquired the data centre in 2011. Since acquisition, the asset has provided investors with an attractive yield and a profitable exit.
Abdulaziz AlDuweesh, Chief Investment Officer said “Consistent with our approach, we entered the market for data centres ahead of others. Today, this is a well-accepted asset class, and the market for well-let data centres is strong. We are pleased to provide investors with an excellent return on their investment.” He added: “This transaction is the latest in a series of successful exits for our investors. The data centre is one of many unique investment opportunities which we have provided to our clients. Gatehouse’s reputation for high-quality investments is well-earned. We remain excited about the opportunities before us and look forward to a number of other positive announcements around our investment activity in the coming months.”
Gatehouse was advised by DTZ in this transaction.
LONDON – 24 July, 2017: Gatehouse Bank plc is pleased to announce the following appointments. Tim Blease is joining Gatehouse as Chief Operating Officer. Sharron Harvey is joining as Executive Vice President, Head of HR.
LONDON – 17 July, 2017: Gatehouse Bank plc (“Gatehouse” or the “Bank”), a Shariah-compliant Bank based in London, is pleased to announce the following changes to the Board, with immediate effect:
• Andrew Gray has been appointed Non-Executive Director of Gatehouse Bank.
• Lord Carrington of Fulham and Mohamad Al-Tahawy have resigned from the Board and Fahed Boodai has resumed his role as Chairman of the Bank.
LONDON – 3 July, 2017: Gatehouse Bank plc is pleased to announce the following changes to its executive committee. Paul Stockwell is being appointed as Chief Commercial Officer, with effect from 3rd July 2017. Danesh Mahadeva has been promoted to Chief Financial Officer, on 1st July 2017.